http://www.toolsofthetrade.hw.net/newsletter/2007/tottnu-1002.asp
OK guys, we have talked a lot about the issue of whether it has been good for tool companies to have consolidated and moved offshore.
here is a guy who can send dome of that poop back up the line.
Talk to him
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shameless bump
Welcome to the
Taunton University of Knowledge FHB Campus at Breaktime.
where ...
Excellence is its own reward!
Well I responded but I really have doubts that an editor for tool magazine that survives on ads alone - mostly from tool companies - will really "go to the mat" and say what he would really like to say. After all, his salary depends on some degree of complacency.
Hey, it is a line of communication.The survey itself is mostly serving the tool makers, but you can use Tools of trade to email Rich and let him know how you feel
Welcome to the Taunton University of Knowledge FHB Campus at Breaktime. where ... Excellence is its own reward!
Yes you are correct - it is a line of communication. And I have written Rich once before. He seems very interested but I get really worried when I see him say "DeWalt (B&G)" while the opposite is true. It is Black & Decker (B&D, not B&K) who killed DeWalt, then parked the brand for almost 20 years. Then they took the B&D Tradesman and Commericial lines and merged them to a less expensive line rebranded as DeWalt but continued to charge the prices the B&D product commanded. Not sure anyone at Tools of the Trade really knows the roots of many of the brands - you can't tell where you're headed till you know where you've been!
my opinion, the survey was to open ended. It's not simple quesiton as wether or not a company being acquired is good or bad, it would more depend on who purchases who.
PC being purchased IMO was bad for their tools and brand.
Bosch buying skill probably helped Skill.
Roybi being purchased by Harbor Fright would also be an improvement ;)
There was a place at the end for comments, so anything that was too open-ended can be clarified.
"I cut this piece four times and it's still too short."
I saw the comment section and left some, in general I thought the survey was pretty poorly designed,
I agree. I thought the survey was simplistic, but I suppose that is the nature of these things. It would be difficult to tabulate results otherwise. Hopefully some of the comments that were posted will follow a common theme and be noticed.
Of course it has.
Have you been checking on the profits of those companies and their stock prices?
"Poor is not the person who has too little, but the person who craves more."...Seneca
of course it has what????Surprisingly, I have not been paying attention to these stocks, possibly because of my semi-hidden disdain.Like a salesman can do better selling a product he really believes in, I tend to do better investing in companies that I really believe in
Welcome to the Taunton University of Knowledge FHB Campus at Breaktime. where ... Excellence is its own reward!
Piffin, http://finance.yahoo.com/q/bc?s=BDK&t=my&l=on&z=m&q=l&c= I agree with your investing philosophy. Hope you bought SSD (Simpson Strong Tie) Back in the early 90's http://finance.yahoo.com/q/bc?s=SSD&t=my&l=on&z=m&q=l&c="Poor is not the person who has too little, but the person who craves more."...Seneca
I wasn't investing back then, but I did buy it abut six months ago.
A company that relies on the building industry that is showing a profit now will really shine when things come back up again.
Welcome to the Taunton University of Knowledge FHB Campus at Breaktime. where ... Excellence is its own reward!
My general impression is that today (vs 30 years ago) we have more power tools that can do a wider variety of tasks. They are cheaper ( in real terms) but the quality is inferior, although modern materials do confer some advantages.